Don't say I didn't warn ya, $150 a barrel before the end of the year and here's why http://www.cnbc.com/id/15840232?video=747998490&play=1 T. Boone Pickens is the man
$200 isn't that far of as well (by next Summer I bet) :hangme: . But I look at the brighter side of this, - The more expensive the gas, the increase of M/C's & scooters will happen. With the side affect that I really don't have a problem with is - less cages on the road which equals less cell phone carnage drivers :tongue: Now if we can just get "ALL" riders to wear their gear :wink:
And we just take it...? I'm so f'n tired of listening to people tell us we need to conserve. No, we need to run the oil companies lackeys out of office! The oil company lobbyists are holding politicians by the nuts (and one vagina) and I'm fed up with hearing the excuses. We shouldn't be paying outrageous prices based on supply and demand speculations that lack any concise measure of judgment! :soapbox:
I'm probably dreaming but if everyone starts riding bikes then the demand for oil will go down and the price will go down since no one's gonna pay over $100 just to fill up their SUV.
You are dreaming The major increase in oil prices are more towards the fact that China has surpased the US in consumption & it has become a bidding war between the 2 countries to satify our consumption thirsts. That said China's thirst & they don't care about how much they consume, because WE (the USA) & other countries are paying it for them by purchasing there Chinese Products from there cheap labor & enviromentally destructive manufactoring processes. So next time the prices go up, kick ones self in the ass for purchasing there Chinese products & supplying them the cash flow to out bid, & cause oil barrel rate increases & make it easier for the Oil Companies/ country producers to make the bank by charging it back to us. You think we have it bad, the Euro countries are getting killed on there prices & now starting to effect there Euro $ & the British pound, causing inflation there to rise & lowering there value.
Yes you are correct & there catching up to the USA, & they need it for there newly bought company "LAND ROVER". Some how I just can't put high tech & luxury in a vehicle to be made in India
The last day I worked in the office before I left on the trip I'm currently on, I rode in to work. It was raining buckets with 30mph winds. When I got to work, everyone's jaw hit the floor. Everyone asked how I could ride to work in weather like that. I didn't even verbally reply, I simply showed them my latest receipt from the base gas station. This was the last time I filled up my POS F-150. FORD SUCKS! 32 gal X $3.49 = $111.68 Most of them can't find a meaningful reply. Rain or shine, I'm riding. From what I understand, in the 8 days I've been gone, the prices has gone up $0.06/gal. KC-10 FE out... lane: :usa2:
When I was a 10 yr old kid about 30 yrs ago a gallon was less than a dollar. Now I'm paying over $4 a gallon.... Someone should run the milk lobbyists out of town!! Btw, regular gas is also over $4 a gallon around here in Sacramento, premium is around $4.25.
Its not looking like the prices are going to subside any time soon. And while it would be great to speculate on what we need to do to make the prices go down, it's looking more like we should try and focus on an alternative fuel source a little more seriously. The speculators are driving the prices up. The big oil companies are driving the prices up. Opec is driving the prices up and everyone just keeps on paying it! Does anyone else agree that there should be more research money put into alternative renewable fuel sources?
I agree completely. And I think one of Obama's proposals, instead of a gas tax holiday, is to pass a bill requiring the energy companies to put their windfall profits towards alternative energy r&d. The gas companies are going to be the ones to drive alternatives to market since they're the ones to profit, and the only ones with the infrastructure to bring something to market. It's not going to be Bob's backyard experimenting or the University of Somewhere's new hydrogen fuel cell. They're doing what they're doing now because it's easy money. They just need an incentive to go an alternate direction. While we're at it, corporate fuel mile averages for auto makers should be raised far more aggressively. I'd bet we all agree any of them could fairly easily pump out 40mpg auto's or even better hybrids. That alone would get us a long way. Just my humble $.01.
I recently ran across an old 70's National Geographic and on the back cover there was an ad for a Toyota Corolla. In the ad the EPA estimated 30+ mpg for that little 70's car! The technology is out there, and you are definately correct about the big companies just needing to want to do it. Great discussion. Now if politicians could just discuss this way something might get done. Vs